Posts

Bihar’s Maiden Municipal Bond Issuance by Patna Municipal Corporation gets listed on NSE in the presence of Shri Samrat Choudhary,

-
Image
by Bhavna S.J   Mumbai, 11 November 2026 Hon’ble Chief Minister of Bihar In a significant milestone for Bihar’s urban development and municipal finance landscape, the maiden municipal bond issuance by Patna Municipal Corporation (PMC) was listed on the National Stock Exchange of India (NSE) in the presence of Hon’ble Chief Minister of Bihar, Shri Samrat Choudhary in a ceremonial event held on 10th November in Patna. The issuance marks the first-ever municipal bond by an Urban Local Body (ULB) in Bihar and represents an important step towards mainstreaming capital market financing for urban infrastructure development in the State and the Country. With a base issue size of ₹100.03 crore and a green-shoe option of ₹99.96 crore, the private placement received subscription of over 2 times the base issue size from institutional investors, reflecting strong investor confidence and growing appetite for municipal instruments. The proceeds from the bonds will be utilised to finance 15 projec...
Post a Comment
Read more

The opening ceremony for the exhibition stand of the partner country, India, took place at Russian Energy Week 2026

-
Image
  by Bhavna SJ   As part of Russian Energy Week, the official opening of the stand of India – the Forum’s partner country – took place. The event highlights the growing importance of cooperation between countries in the energy sector and opens up new opportunities for collaboration amid the transformation of the global energy market. Russian Energy Week is supported by the Government of the Russian Federation, the Ministry of Energy of the Russian Federation and the Moscow City Government. The Forum is organised by the Roscongress Foundation.  The stand’s opening ceremony was attended by the following officials: Nikhilesh Giri, Deputy Head of Mission at the Embassy of the Republic of India in the Russian Federation; Vladimir Khazov, Deputy Director of the Department for International Cooperation at the Ministry of Energy of the Russian Federation; Artem Ukolov, representative of The Trade Representation of the Russian Federation in the Republic of India; Vladimir Zatynayk...
Post a Comment
Read more

MP Ravindra Waikar Leads Grand Independence Day Celebrations in Mumbai North-West; Pays Tribute to 100+ Foot National Flag and Honours Serving & Former Soldiers

-
Image
  by Bhavna SJ  Mumbai (Maharashtra) [India], August 18: In a grand display of patriotism, national unity and community participation, Hon’ble Member of Parliament from Mumbai North-West, Shri Ravindra Waikar, led a series of Independence Day celebrations across the Mumbai North-West Lok Sabha constituency on 15 August, responding to the call of Hon’ble Prime Minister Shri Narendra Modi’s “Har Ghar Tiranga” campaign. One of the key highlights of the celebrations was the ceremonial salute to a magnificent national flag measuring more than 100 feet in height, specially installed at Matoshree Club, Jogeshwari. The event witnessed an atmosphere of immense patriotic enthusiasm, with residents, community representatives, public representatives, social workers, party functionaries, police and administrative officials coming together to celebrate the spirit of India’s Independence. The national flag was accorded a ceremonial salute in the presence of Shri Ravindra Waikar, who emphasi...
Post a Comment
Read more

Congress MLC Satej Patil launches attack on Mahayuti over Gokul Dairy election row

-
Image
  by Bhavna S.J Mumbai: Congress MLC Satej Patil on Thursday launched an attack on the Mahayuti government in Maharashtra over its decision to appoint five state-nominated members—including four non-official directors—to cooperative unions such as the Gokul Milk Union (Kolhapur Zilla Sahakari Dudh Utpadak Sangh). These four non-official directors will be granted voting rights. Lashing out at the Chief Minister Devendra Fadnavis-led Cabinet’s decision during a press conference in Mumbai, Satej Patil took a defiant stand, declaring that he will take to the streets for Gokul. He announced a mass protest rally on November 9 from Dasara Chowk to the Kolhapur District Collectorate. With this, the controversy surrounding the election of Gokul's President has intensified. Out of 25 board seats, Satej Patil’s Samvichari Aghadi holds 13 seats, while 12 seats are held by the Mahayuti. However, neither side possesses the required quorum of 14 directors independently to elect the president. Gra...
Post a Comment
Read more

Synology 2026 Enterprise Survey Reveals 64% of Indian Organizations Made New Data Protection Purchases Following Security Incidents

-
Image
  by Bhavna S.J India leads Australia and MEA in incident-driven investment. Across markets, 99% of IT decision-makers express confidence in their organization's resilience, yet gaps in backup frequency, recovery validation, and fragmented protection tools reveal a different picture of operational readiness. Mumbai, November 3, 2026 – Synology today announced the findings of its 2026 Enterprise Survey, conducted by Foundry, revealing that 64% of Indian organizations have made a new data protection purchase following a security incident, the highest share among the markets studied. Conducted among 308 IT decision-makers across Australia, India, and the Middle East and Africa (MEA), the research examines how prepared organizations are to protect their data as AI adoption accelerates and IT environments become increasingly complex, and reveals a gap between organizations' confidence in cyber resilience and their operational readiness. All respondents represented organizations wit...
Post a Comment
Read more

Markolines Pavement Technologies Secures Two Work Orders Worth Rs. 135.20 Crore from BMC for Microsurfacing of Mumbai's Eastern and Western Express Highways

-
  4 November 2026: Markolines Pavement Technologies Limited (BSE: 543364, NSE: MARKOLINES), a leading highway operations and maintenance (O&M) and specialised infrastructure solutions company, has received two Letters of Acceptance-cum-Work Orders from the Brihanmumbai Municipal Corporation (BMC) aggregating Rs. 135.20 crore, inclusive of applicable GST and physical contingencies. The orders have been awarded following BMC's acceptance of the Company's tender offers. They cover microsurfacing and resurfacing works on the Eastern Express Highway (EEH) and the Western Express Highway (WEH), the two principal north–south arterial corridors of Mumbai. Order Details Corridor Scope of Work Value (Rs. crore)* Execution Period Eastern Express Highway Resurfacing of critical portions using microsurfacing 63.23 Six months, including monsoon Western Express Highway Improvement of main carriageway using microsurfacing technique 71.97 Six months, including monsoon Total 135.20 *Inclusi...
Post a Comment
Read more

Maharashtra Maritime Development Policy will be the most investor-friendly policy in the country: Nitesh Narayan Rane

-
Image
  by Bhavna SJ  State ports minister points to ₹26,500 crore shipyard and full conversion of investment pledges as FICCI opens Maritime India Conference & Expo with the Netherlands as partner country FICCI–Crisil report calls for competitive steel prices, domestic manufacturing scale and assured demand to build a globally competitive container industry Mumbai, 2 November 2026: Maharashtra will shortly unveil a maritime development policy that it says will be the most investor-friendly in India. The state is competing with its coastal neighbours for a share of the country’s shipbuilding and port investment boom. Shri Nitesh Narayan Rane, Minister of Fisheries and Ports Development, Government of Maharashtra, told the inaugural session of the FICCI’s Maritime India Conference & Expo 2026that investors would receive “red carpet treatment” and single-window clearance. He cited a tripartite agreement signed last month between the state, the Union government and Mazagon Doc...
Post a Comment
Read more